Bitfarms Ltd. Gross Profit Growth

Gross Profit Growth of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Profit Growth growth rates and interactive chart. Year over year growth in gross profit.

Highlights and Quick Summary

  • Gross Profit Growth for the quarter ending September 29, 2021 was 29.55 (a -83.14% decrease compared to previous quarter)
  • Year-over-year quarterly Gross Profit Growth decreased by -93038.05%
  • Annual Gross Profit Growth for 2020 was -0.75 (a -1548.36% decrease from previous year)
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Historical Gross Profit Growth of Bitfarms Ltd.

Most recent Gross Profit Growthof BITF including historical data for past 10 years.

Interactive Chart of Gross Profit Growth of Bitfarms Ltd.

Bitfarms Ltd. Gross Profit Growth for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 29.55 175.29 13.91
2020 -0.03 -1.23 -1.03 5.11 -0.75
2019 0.05

Business Profile of Bitfarms Ltd.

Sector: Financial Services
Industry: Capital Markets
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.